ST. LOUIS (AP) — ST. LOUIS (AP) — Bunge Global SA (BG) on Wednesday reported fourth-quarter earnings of $602 million.
On a per-share basis, the St. Louis-based company said it had profit of $4.36. Earnings, adjusted for non-recurring gains, were $2.13 per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.30 per share.
The agribusiness and food company posted revenue of $13.54 billion in the period.
For the year, the company reported profit of $1.14 billion, or $7.99 per share. Revenue was reported as $53.11 billion.
Bunge Global shares have decreased 3.5% since the beginning of the year. The stock has fallen 16% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BG at https://www.zacks.com/ap/BG
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